Transformation into a High-Profitability Business and Improvement of Operating Profit Margin
First written in FY2016. 14 of 34 entries say "Advanced", first in FY2018-Q1. Latest entry: 2026-08-07.
The whole theme swung hardest in 2019: 14 of 100 companies on the "Worse" side.
30 other companies' latest entry also says "Advanced".
- 2026-08-07AdvancedEarnings
「Against this backdrop, for the first quarter of the fiscal year ending March 2027, the final year of Vision2026, net sales were ¥7,347 million, up 0.7% year on year; operating income was ¥372 million, up 32.1%; ordinary income was ¥414 million, compared with an ordinary loss of ¥57 million in the same period of the previous fiscal year; and net income attributable to owners of the parent was ¥260 million, compared with a net loss attributable to owners of the parent of ¥112 million.」
The company made progress in improving profitability, with higher operating income and a return to profitability in ordinary income and net income attributable to owners of the parent. - FY2026AdvancedAnnual report
「For the current fiscal year, net sales were ¥28,041 million, down 11.4% year on year; operating profit was ¥862 million, compared with an operating loss of ¥648 million in the previous fiscal year; ordinary loss was ¥77 million, compared with an ordinary loss of ¥1,411 million; and net loss attributable to owners of the parent was ¥3,455 million, compared with a net loss attributable to owners of the parent of ¥3,563 million.」
Full-year operating results turned from an operating loss of ¥648 million into operating profit of ¥862 million, while ordinary loss narrowed from ¥1,411 million to ¥77 million. The company nevertheless continued to report a net loss of ¥3,455 million. - FY2026-H1AdvancedAnnual report
「In the six months ended the second quarter, the second year of Vision2026, net sales were ¥14,309 million, down 1.4% year on year; operating profit was ¥599 million, compared with an operating loss of ¥267 million in the same period of the previous year; ordinary profit was ¥18 million, compared with an ordinary loss of ¥266 million; and interim net loss attributable to owners of the parent was ¥108 million, compared with an interim net loss attributable to owners of the parent of ¥879 million.」
Although net sales edged down, operating profit improved from a loss of ¥267 million to profit of ¥599 million and ordinary profit improved from a loss of ¥266 million to profit of ¥18 million. Interim net loss attributable to owners of the parent also narrowed from ¥879 million to ¥108 million, indicating progress in improving profitability. - FY2025-H1Wider operating loss in the first half despite higher salesAnnual report
「For the six months ended the second quarter, net sales were ¥14,508 million, up 14.5% year on year, while the company reported an operating loss of ¥267 million, compared with an operating loss of ¥11 million in the same period of the previous year.」
Although sales increased, operating loss widened from ¥11 million to ¥267 million year on year, indicating weaker performance toward a high-profitability business and improved operating margins. - FY2024Sharp full-year operating profit declineAnnual report
「Net sales were ¥26,234 million, down 24.9% year on year, operating profit was ¥117 million, down 91.4%, and ordinary profit was ¥1,168 million, down 65.1%.」
The company remained profitable at the operating level for the full year, but operating profit fell 91.4% from ¥1,367 million in the previous fiscal year to ¥117 million, indicating a substantial weakening in results toward a highly profitable business and improved operating profit margins. - FY2024-Q3Return to operating profitability, but substantial year-on-year declineAnnual report
「As a result, net sales were ¥19,613 million, down 28.7% year on year; operating profit was ¥231 million, down 80.8%; ordinary profit was ¥1,288 million, down 53.1%; and quarterly net profit attributable to owners of the parent was ¥1,513 million, down 43.5%.」
Operating profit recovered to ¥231 million in the nine months ended the third quarter after an operating loss in the first half, but fell 80.8% year on year, indicating a substantial weakening in results toward a highly profitable business and improved operating profit margins. - FY2024-Q2Operating loss in the first halfAnnual report
「Net sales were ¥12,674 million, down 32.4% year on year, while operating loss was ¥11 million, compared with operating profit of ¥1,164 million in the same period of the previous year.」
For the six months ended the second quarter, net sales fell 32.4% year on year and operating profit of ¥1,164 million turned into an operating loss of ¥11 million. - FY2024-Q1Operating loss despite lower salesAnnual report
「Although operating profit fell below the level of the same period of the previous year due to lower sales and raw-material and energy prices remaining higher than in the previous fiscal year, net sales were ¥6,183 million, down 36.3% year on year, operating loss was ¥77 million, compared with operating profit of ¥853 million in the same period of the previous year, ordinary profit was ¥711 million, down 39.2%, and net profit attributable to owners of the parent was ¥666 million, down 21.8%.」
Net sales declined 36.3% year on year, and operating profit turned from ¥853 million in the same period of the previous year into an operating loss of ¥77 million. Performance deteriorated despite the stated priority of improving the operating margin and building a high-profitability business. - FY2023-Q3Continued operating profit decline despite higher salesAnnual report
「Net sales were ¥27,491 million, up 11.4% year on year, while operating profit was ¥1,203 million, down 27.0%.」
Net sales rose 11.4% year on year, while operating profit fell 27.0% to ¥1,203 million, resulting in an operating profit decline despite higher sales. - FY2023-Q2Operating profit decline despite higher salesAnnual report
「Although operating profit fell below the level of the same period of the previous year due to higher raw-material and energy prices and transportation costs, ordinary profit exceeded the previous year's level because earnings at equity-method affiliates remained strong and the company recorded a foreign-exchange gain of ¥319 million as the yen weakened. Accordingly, net sales were ¥18,760 million, up 17.4% year on year, operating profit was ¥1,164 million, down 7.5%, ordinary profit was ¥2,286 million, up 22.5%, and net profit attributable to owners of the parent was ¥1,554 million, up 0.2%.」
Net sales rose 17.4% year on year, while operating profit fell 7.5% due to higher raw-material and energy prices and transportation costs. Ordinary profit exceeded the previous year, supported by equity-method investment income and foreign-exchange gains. - FY2023-Q1AdvancedAnnual report
「As a result, net sales were ¥9,708 million, up 18.8% year on year; operating profit was ¥853 million, up 33.2%; ordinary profit was ¥1,170 million, up 11.7%; and quarterly net profit attributable to owners of the parent was ¥852 million, down 9.8%.」
Higher marginal profit accompanying sales growth increased operating profit to ¥853 million, up 33.2% year on year. Performance continued to improve toward a high-profitability business and higher operating margins, although net profit attributable to owners of the parent declined 9.8%. - FY2022-Q3AdvancedAnnual report
「Although the company was affected by higher raw-material and fuel prices and higher ocean freight costs due to container shortages, marginal profit increased as sales grew and sales of higher-margin products expanded. In addition, while the company was forced to adjust production across the group in the same period of the previous year because demand for its products was depressed by the COVID-19 pandemic, productivity improved through stable operations in the current period. Accordingly, net sales were ¥24,676 million and operating profit was ¥1,649 million, compared with an operating loss of ¥354 million in the same period of the previous year.」
Growth in sales of higher-margin products and improved productivity through stable operations turned an operating loss of ¥354 million into operating profit of ¥1,649 million. The figures continued to show progress toward a high-profitability business and improved operating margins. - FY2022-Q2AdvancedAnnual report
「Although the company was affected by higher ocean freight costs due to container shortages, marginal profit increased as sales grew and sales of higher-margin products expanded. In addition, while the company was forced to adjust production across the group in the same period of the previous year because demand for its products was depressed by the COVID-19 pandemic, productivity improved through stable operations in the current period. Accordingly, net sales were ¥15,986 million and operating profit was ¥1,259 million, compared with an operating loss of ¥473 million in the same period of the previous year.」
Growth in sales of higher-margin products and improved productivity through stable operations improved first-half operating profit from an operating loss of ¥473 million to ¥1,259 million. The improvement toward a high-profitability business and a higher operating margin continued to be reflected in the figures. - FY2022-Q1AdvancedAnnual report
「Marginal profit increased as sales growth lifted profit and sales of higher-margin products expanded, raising the marginal profit margin. In addition, while the company was forced to adjust production across the group in the same period of the previous year because demand for its products had declined amid the COVID-19 pandemic, productivity improved through stable operations during the first quarter of the current fiscal year. As a result, net sales were ¥8,172 million and operating profit was ¥640 million, compared with an operating loss of ¥196 million in the same period of the previous year.」
Growth in sales of higher-margin products, a higher marginal profit margin and improved productivity through stable operations turned an operating loss of ¥196 million into operating profit of ¥640 million. - FY2021-Q3AdvancedAnnual report
「Although lower sales had an impact, marginal profit improved as a result of changes in the product mix and active cost-reduction initiatives. In addition, the company reduced various expenses across the group and improved operating efficiency through diverse work arrangements, including telework and the use of online meeting systems. As a result, operating loss was ¥354 million, compared with an operating loss of ¥657 million in the same period of the previous year.」
Cost reductions, reductions in various expenses, and operating-efficiency improvements through telework and online meetings narrowed the operating loss from ¥657 million in the same period of the previous year to ¥354 million. The operating loss nevertheless continued. - FY2021-Q2AdvancedAnnual report
「Although lower sales had an impact, marginal profit improved as a result of changes in the product mix, cost savings from cost-reduction initiatives and higher utilization at a subsidiary manufacturing battery-related materials as demand increased. In addition, the company improved operating efficiency and reduced activity-related expenses through diverse work arrangements, including telework and the use of online meeting systems, while making company-wide efforts to reduce various expenses. As a result, operating loss was ¥473 million, compared with an operating loss of ¥544 million in the same period of the previous year.」
Cost reductions, higher utilization at the subsidiary, telework, online meetings and lower expenses narrowed the operating loss from ¥544 million to ¥473 million year on year. - FY2021-Q1Narrower quarterly operating lossAnnual report
「Although lower sales had an impact, operating loss narrowed to ¥196 million, compared with an operating loss of ¥322 million in the same period of the previous year, while ordinary loss was ¥193 million, compared with an ordinary loss of ¥371 million, and net loss attributable to owners of the parent was ¥227 million, compared with a net loss attributable to owners of the parent of ¥432 million, reflecting the effects of cost reductions and lower expenses, as well as higher utilization at a subsidiary engaged in battery-related materials as demand increased.」
Cost reductions, lower expenses and higher utilization at the battery-related materials subsidiary narrowed the operating loss from ¥322 million to ¥196 million year on year. The company nevertheless remained in an operating loss position. - FY2020Return to a full-year operating lossAnnual report
「Net sales were ¥33,147 million, down 3.5% year on year. In terms of profit, the company reported an operating loss of ¥611 million, compared with operating profit of ¥299 million in the previous fiscal year, due mainly to a decline in marginal profit resulting from changes in the product mix.」
The operating loss narrowed from ¥657 million in the nine-month period to ¥611 million for the full year, but operating profit of ¥299 million in the previous fiscal year turned into a full-year operating loss. - FY2020-Q3Wider operating loss in the nine-month periodAnnual report
「A decline in marginal profit, mainly due to changes in the product mix, resulted in an operating loss of ¥657 million, compared with operating profit of ¥411 million in the same period of the previous year.」
The cumulative operating loss through the third quarter was ¥657 million, compared with operating profit of ¥411 million in the same period of the previous year. The loss also widened from ¥544 million in the previous cumulative quarter. - FY2020-Q2Operating loss in the first halfAnnual report
「In terms of profit, although the company continued to pursue cost reductions and cut various expenses, it reported an operating loss of ¥544 million, compared with operating profit of ¥330 million in the same period of the previous year, due mainly to a decline in marginal profit resulting from changes in the product mix.」
Operating loss for the six-month period was ¥544 million, compared with operating profit of ¥330 million in the same period of the previous year. - FY2020-Q1Return to an operating loss despite lower salesAnnual report
「In terms of profit, although the company continued to pursue cost reductions and cut various expenses, it reported an operating loss of ¥322 million, compared with operating profit of ¥238 million in the same period of the previous year, due mainly to a decline in marginal profit resulting from changes in the product mix.」
Despite continued cost reduction and expense-cutting efforts, changes in the product mix and other factors turned operating profit of ¥238 million in the same period of the previous year into an operating loss of ¥322 million. - FY2019-Q3Continued operating profit decline despite higher salesAnnual report
「Net sales were ¥25,957 million, up 3.5% year on year. In terms of profit, although the company continued to pursue cost reductions and cut various expenses, operating profit was ¥411 million, down 72.9% year on year, due largely to higher raw-material prices.」
Although net sales increased 3.5% year on year, operating profit was ¥411 million, down 72.9%, as higher raw-material prices outweighed continued cost reduction and expense-cutting efforts. - FY2019-Q2Operating profit decline despite higher salesAnnual report
「Although the company continued to pursue cost reductions and reduce various expenses, the significant impact of higher raw-material prices resulted in operating profit of ¥330 million, down 69.9% year on year.」
Despite ongoing cost reductions and reductions in various expenses, higher raw-material prices had a significant impact, reducing operating profit for the six months ended the second quarter to ¥330 million, down 69.9% year on year. - FY2019-Q1Operating profit decline despite higher salesAnnual report
「Although the company pursued aggressive cost-reduction initiatives and reductions in selling, general and administrative expenses, the significant impact of higher raw-material prices resulted in operating profit of ¥238 million, down 43.9% year on year.」
Despite cost-reduction initiatives and reductions in selling, general and administrative expenses, higher raw-material prices drove operating profit down 43.9% year on year to ¥238 million. - FY2018-Q3AdvancedAnnual report
「Although profitability was affected by higher raw-material prices, the company pursued cost reductions through in-house production and other measures, while higher utilization across the factories led to a substantial improvement in the cost ratio. In addition, continued efforts to reduce selling, general and administrative expenses lifted operating profit sharply to ¥1,519 million, compared with an operating loss of ¥146 million in the same period of the previous year.」
The company pursued cost reductions through in-house production, improved factory utilization and reductions in selling, general and administrative expenses, lifting operating profit from an operating loss of ¥146 million in the same period of the previous year to ¥1,519 million. - FY2018-Q2AdvancedAnnual report
「Profitability improved substantially as a result of rigorous cost-reduction and cost-management initiatives and higher utilization across the factories. In addition, operating profit rose sharply to ¥1,098 million, compared with ¥1 million in the same period of the previous year, following a thorough review of selling, general and administrative expenses.」
Cost reductions and cost management, higher utilization, and reviews of selling, general and administrative expenses improved operating profit from ¥1 million in the same period of the previous year to ¥1,098 million. - FY2018-Q1AdvancedAnnual report
「Operating profit was ¥424 million, up 179.6% year on year, as profitability improved through the rapid implementation of cost and inventory management following the development of the core system, higher utilization accompanying sales growth, and reductions in various expenses.」
Operating profit improved from ¥151 million in the same period of the previous year to ¥424 million, driven by cost and inventory management through the core system, higher utilization, and reductions in various expenses. - FY2017Full-Year Operating LossAnnual report
「Net sales were ¥27,889 million, down 2.2% year on year, while the company reported an operating loss of ¥151 million, compared with operating profit of ¥1,051 million in the previous fiscal year.」
The company again moved from operating profit to operating loss for the full year, posting an operating loss of ¥151 million while identifying improvement in operating margin as its highest-priority issue. - FY2017-Q3Operating Loss in the First Nine MonthsAnnual report
「Net sales were ¥20,584 million, down 4.0% year on year, while the company posted an operating loss of ¥146 million, compared with operating profit of ¥843 million in the same period of the previous year.」
Operating results deteriorated from operating profit to operating loss in the first nine months, with the deterioration continuing despite the stated goal of building a high-profitability business and improving operating margin. - FY2017-Q2First-Half Operating Profit Nearly EliminatedAnnual report
「Net sales were ¥14,091 million, down 2.4% year on year, while operating profit was ¥1 million, down 99.7%.」
Operating profit for the six months ended the second quarter was ¥1 million, down 99.7% year on year and effectively eliminated. - FY2017-Q1Quarterly Operating Profit DeclineAnnual report
「Net sales were ¥7,259 million, up 0.8% year on year, while operating profit was ¥151 million, down 45.3%.」
Net sales edged up year on year, while operating profit fell 45.3%. - FY2016First statedAnnual report
「As a materials manufacturer and outstanding “monozukuri” company committed to sustainable growth, we are working to establish a stronger management foundation, transform the business into a highly profitable structure, and improve our operating profit margin, which we recognize as our top priority.」
The company identifies operating margin as its highest-priority management metric and states that it improved to 3.7%, up 1.0 percentage point year on year, in the current fiscal year.